63-1608 — LAPSE OF UNUSED CREDIT
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TITLE 63
REVENUE AND TAXATION
CHAPTER 16
PREPAYMENT OF TAXES
63-1608. LAPSE OF UNUSED CREDIT. If for any reason during the impact
period the taxpayer should cease business operations and the credits
accumulated for prepaid ad valorem taxes have not been completely set off
against taxes due, the balance of the unused credit shall be forfeited, and
the county and taxing districts shall be under no obligation to pay off the
unused credits.